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Energy Prices

Dáil Éireann Debate, Tuesday - 18 April 2023

Tuesday, 18 April 2023

Questions (203)

Denise Mitchell

Question:

203. Deputy Denise Mitchell asked the Minister for the Environment, Climate and Communications if his Department is concerned about the lack of competitiveness within the electricity market; and if he will make a statement on the matter. [17475/23]

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Written answers

Responsibility for the regulation of the electricity market is solely a matter for the Commission for Regulation of Utilities (CRU) the independent energy regulator. The CRU was assigned responsibility for the regulation of the Irish electricity sector following the enactment of the Electricity Regulation Act, 1999 and subsequent legislation. It is a function of the CRU to regulate the retail electricity market.

In 2017 CRU published a review of competition in the retail electricity and gas markets, it is available at: Review of Competition in the Electricity and Gas Retail Markets | CRU.ie.

The CRU accountable to a committee of the Oireachtas and not the Minister. The CRU also has a dedicated email address for Oireachtas members oireachtas@cru.ie.

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